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Bill: Income tax proposal of February 2706
Details
Submitted by[?]: United People's Socialist Collectives
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: October 2706
Description[?]:
The Green Labor Party propose to adjust the government's income tax policy to better address the economic situation of the Free Republic of Dorvik. |
Proposals
Article 1
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
Bracket | Tax | Estimated Revenue |
> 500 DDO | 5% | 5,738,000,000 DDO |
> 2,500 DDO | 10% | 69,971,000,000 DDO |
> 15,000 DDO | 15% | 55,775,000,000 DDO |
> 25,000 DDO | 20% | 35,824,000,000 DDO |
> 35,000 DDO | 30% | 15,619,000,000 DDO |
> 40,000 DDO | 40% | 30,056,000,000 DDO |
> 50,000 DDO | 50% | 31,120,000,000 DDO |
> 65,000 DDO | 55% | 9,976,000,000 DDO |
> 80,000 DDO | 60% | 770,000,000 DDO | Total | 254,849,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
Date | 14:48:42, February 03, 2009 CET | From | United People's Socialist Collectives | To | Debating the Income tax proposal of February 2706 |
Message | A fairer taxation system for Dorvik. |
Date | 17:12:10, February 03, 2009 CET | From | Proletariat | To | Debating the Income tax proposal of February 2706 |
Message | lowe taxes on the low income families! And make pay the rich |
Date | 20:09:24, February 03, 2009 CET | From | LGC-Freedom Party (UPDD) | To | Debating the Income tax proposal of February 2706 |
Message | The LGC would like to see a reduction in the number of brackets. Overall this plan changes very little but add complexity. |
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Voting
Vote | Seats | |||
yes | Total Seats: 184 | |||
no |
Total Seats: 206 | |||
abstain |
Total Seats: 35 |
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